Eaton Vance New York Municipal Bond Fund Declares Monthly Dividend of $0.04 (NYSE:ENX)

Posted by Hanz Christensen on Feb 5th, 2025

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0417 per share on Friday, February 28th. This represents a $0.50 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date of this dividend is Friday, February 14th.

Eaton Vance New York Municipal Bond Fund has increased its dividend by an average of 0.5% per year over the last three years.

Eaton Vance New York Municipal Bond Fund Trading Up 0.1 %

ENX opened at $9.69 on Wednesday. Eaton Vance New York Municipal Bond Fund has a one year low of $9.27 and a one year high of $10.14. The business’s 50-day simple moving average is $9.61 and its 200-day simple moving average is $9.67.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. acquired 4,084 shares of the firm’s stock in a transaction dated Thursday, January 30th. The stock was acquired at an average cost of $9.61 per share, with a total value of $39,247.24. Following the completion of the acquisition, the insider now owns 3,356,192 shares of the company’s stock, valued at $32,253,005.12. The trade was a 0.12 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 222,229 shares of company stock worth $2,139,336 in the last quarter.

Eaton Vance New York Municipal Bond Fund Company Profile

(Get Free Report)

Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.